About us
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About us
Agada investment limited is at
the barge of fully establishing it subsidiaries and they include;
1
Aduayagada ship company limited (ADASCO)
2
Electro Energy Limited
3
Agada
agric foods limited
4
Agada
Energy limited
Hopefully by December this year
some of these companies would commence operation.
Our share
holdings
Agada investment has share holdings
in public limited liability companies across Nigeria through one or more ways.
One of the companies include Dangote cement plc, NASDAQ, dangote sugar and so
on. We hope that by the first quarter of 2018 we ought to have increased our
shareholdings by 10% and plan to have 10% of the share holdings of ikeja
electricity distribution company, 8.3%
of the share holdings of dangote cement plc. 5% of total plc and so on.
We also plan to submit our EOI(expression of interest) concerning the
invitation of the federal
government to investors in the coal
power sector released in the month of Feburary 2017.We hope to have 40% of the
share holdings in the to be named company. In the month of may 2017, there
arose a proposal to increase the share
allotment inviting the Nigerian coal cooperation to take 40% of the share
holdings to arise at a share capital of 5.5 million US dollars. Though the
proposal is yet to be, we are working tirelessly in order to reach our goal.
Aduayagada
ship company limited (ADASCO)
This company is to be an wholly-owned
subsidiary of aduayagada investment limited designed to assist the company with
its shipping services. We are budgeting two vessels. Agada Investment limited proposes to own a
shipping company in order to make transportation easier. This is to be scheduled to commence
operation by may 2018. An effective committee is to lead the proceedings and
organize logistics properly in order to achieve the aim of establishing the
company. The proposed share capital is to be
about 4.6 million US dollars and is subjected to increase as time goes
by.
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Electro energy limited
Electro energy will be a company incorporated for the
generation and distribution of electricity. According to the company’s Board of
Directors will the investment decision be taken. This company would be a public
limited liability and hence will cease to be a fully owned subsidiary of the
company as plans are that Aduayagada investment limited would invest 40%
into the total share capital, 20% to the public and 40% to the
government through the PHCN(Power holding company of Nigeria).This company is
scheduled to commence operation late of 2018. Interested investors are advised
to write to the company by writing to the
board of directors as the share capital will be communicated later.
Agada agric foods limited
This company is to commence by
September this year 2017.This is to be a fully-owned subsidiary of this
organisation. The purpose behind the setup of this company is to separate the
production of industrial energy related
fuels from energy consumption fuels. Agada investment limited is to produce
coal, charcoal, bitumen, etc while agada
agric foods is to be producing agricultural products like cocoa, soyabeans, cassava, cashew etc. Through
agriculture we help the Nigerian
community by creating jobs, providing foreign exchange and feed the
community.
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